Heidi Miller ’79PhDAfter picking up her Yale degree in Latin American history, Heidi Miller ’79PhD took a job at Chemical Bank. That doctorate—and three decades of financial experience—have paid off beyond the wildest dreams of most PhDs. As head of JPMorgan Chase & Co.’s treasury unit, Miller has more than quintupled its pretax profit in the past six years, Bloomberg notes. And this week, she landed a promotion to a newly created position as president of JPMorgan’s international operations. The move comes in a package of high-level shuffles by CEO and chairman Jamie Dimon, part of his plan to groom an eventual successor. Bloomberg sees Miller—who has worked closely with Dimon since 1992—as a possible heir. The New York Times, which calls Miller “one of the most powerful women on Wall Street,” apparently does not, asserting that the 54-year-old Dimon is “developing a roster of younger managers that could someday succeed him.” (Miller is 56, according to Forbes.) In her new job, Miller is charged with boosting JPMorgan Chase’s business in fast-growing markets such as China, Brazil, India, and Russia—a far cry from asking (as the old joke about humanities PhDs has it) “Would you like fries with that?”
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